SHEARINGS LIMITED
Company Information
- Company Number
- 00753110
- Registered Address
- C/O Ernst & Young Llp, 2 St. Peters Square, Manchester, M2 3EY
- Status
- Dissolved
- Employee Count
- 556
- Turnover
- £37,473,000
- EBITDA
- £1,564,000
Additional Details
- Website
- https://shearings.com
- Company Type
- Private limited Company
- Incorporated On
- 12 March 1963
- Nature of Business
- 49319 - Other urban, suburban or metropolitan passenger land transport (not underground, metro or similar)
- Industries
- Events And Venues, Food And Drink, Road Travel
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 33 | 55% | 39% | 6% | 75% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Standard payment terms vary between suppliers. The standard payment periods are 7 days, 14 days, 28 days or 1 month. The majority of suppliers have a standard payment period of 28 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
83
Dispute Resolution Process
Disputes should be raised with the company accounts payable team in the first instance. If the dispute cannot be resolved then it is escalated to the finance manager.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
❌
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
Shearings Limited is a British-based travel company that specializes in providing holiday packages and escorted tours for customers. The company was founded in 1903 and has since grown to become one of the leading providers of holiday experiences in the UK.
Sustainability is an important focus for Shearings Limited, and they have implemented several initiatives to reduce their impact on the environment. This includes using eco-friendly coaches, promoting responsible tourism practices, and offering carbon offset options for customers. They are also committed to supporting local communities and have partnered with charities such as the Royal National Lifeboat Institution and the British Heart Foundation.
Shearings Limited offers a wide range of products and services, including coach holidays, river cruises, rail holidays, and air holidays. They cater to a variety of destinations, including the UK, Europe, and worldwide destinations. Customers can choose from a variety of holiday types, such as city breaks, beach holidays, and cultural tours.
The company is led by CEO Richard Calvert and has a team of experienced travel professionals who are committed to providing exceptional customer service. They also work closely with a network of preferred partners to ensure the best possible holiday experiences for their customers.
Customers can contact Shearings Limited through their website, which also provides detailed information about their products and services. The company's registered office address is Shearings Holidays Limited, Waterside House, Wigan Pier Business Park, Wallgate, Wigan, WN3 5BE. Their website address is www.shearings.com.
In summary, Shearings Limited is a leading travel company in the UK that offers a variety of sustainable holiday experiences for customers. With a commitment to responsible tourism practices and a wide range of products and services, the company continues to provide exceptional holiday experiences for its customers.
